Good point about A-B-A math.
At what point did Turnip talk about a flat tax? He has said all kinds of things and has contradicted himself in the same sentence.
I tried to find a source for that and encountered this:
https://www.investopedia.com/taxes/h...s-under-trump/
All companies are supposedly taxed at 15%, but I cannot find any confirmation. This says that up to 20% of LLC income can be designated non-salary income and is exempt from self-employment tax:
https://www.thestreet.com/personal-f...s-llc-14821236
I finally figured out my password, but now I cannot get into TurboTax.